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Cloudflare NYSE:NET Stock Report

Last Price

US$86.76

Market Cap

US$29.5b

7D

0.06%

1Y

45.6%

Updated

25 Apr, 2024

Data

Company Financials +

Cloudflare, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cloudflare
Historical stock prices
Current Share PriceUS$86.76
52 Week HighUS$116.00
52 Week LowUS$39.90
Beta1.12
1 Month Change-12.43%
3 Month Change8.21%
1 Year Change45.62%
3 Year Change2.20%
5 Year Changen/a
Change since IPO382.00%

Recent News & Updates

Cloudflare: Too Much Optimism

Apr 19

Recent updates

Cloudflare: Too Much Optimism

Apr 19

Cloudflare: Navigating High Valuations With Growth Potential

Apr 03

Is Cloudflare (NYSE:NET) Weighed On By Its Debt Load?

Mar 31
Is Cloudflare (NYSE:NET) Weighed On By Its Debt Load?

Is There Now An Opportunity In Cloudflare, Inc. (NYSE:NET)?

Mar 13
Is There Now An Opportunity In Cloudflare, Inc. (NYSE:NET)?

Cloudflare: 2021 All Over Again?

Mar 03

Cloudflare, Inc.'s (NYSE:NET) 34% Jump Shows Its Popularity With Investors

Feb 10
Cloudflare, Inc.'s (NYSE:NET) 34% Jump Shows Its Popularity With Investors

Cloudflare: Build AI Edge Exit Strategy

Feb 09

Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)

Feb 02
Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)

Cloudflare: Near-Term Expectations Are Too High

Jan 31

Cloudflare's Valuation Advantage: Progress Toward GAAP Breakeven (Upgrade)

Jan 09

Cloudflare, Inc.'s (NYSE:NET) P/S Is On The Mark

Dec 22
Cloudflare, Inc.'s (NYSE:NET) P/S Is On The Mark

Cloudflare: Why I Am Now Downgrading The Stock

Dec 02

Cloudflare (NYSE:NET) Has Debt But No Earnings; Should You Worry?

Nov 17
Cloudflare (NYSE:NET) Has Debt But No Earnings; Should You Worry?

How Cloudflare Anticipated The AI Revolution Years In Advance

Nov 16

Cloudflare: Buy The Dips For This Expensive Stock? Don't Be Fooled

Oct 27

What Is Cloudflare, Inc.'s (NYSE:NET) Share Price Doing?

Oct 27
What Is Cloudflare, Inc.'s (NYSE:NET) Share Price Doing?

Cloudflare: AI Edge

Sep 27

Cloudflare Has AI Upside

Sep 20

Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)

Sep 14
Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)

Cloudflare: Upgrading To Buy On Strong Execution In Sales Challenges

Aug 21

Why We're Not Concerned About Cloudflare, Inc.'s (NYSE:NET) Share Price

Aug 11
Why We're Not Concerned About Cloudflare, Inc.'s (NYSE:NET) Share Price

Cloudflare: Phenomenal Company But Now Isn't The Time

Jul 23

Is Cloudflare (NYSE:NET) Using Too Much Debt?

Jul 16
Is Cloudflare (NYSE:NET) Using Too Much Debt?

Cloudflare Boosts Strong Network Positioning For Long-Term Growth

Jul 15

Cloudflare: Why It's Time To Downgrade The Stock

Jun 18

Cloudflare: Eternal Optimism

May 30

Is Cloudflare (NYSE:NET) Using Debt In A Risky Way?

Apr 17
Is Cloudflare (NYSE:NET) Using Debt In A Risky Way?

Cloudflare: ChatGPT, AI And The Competitive Advantage Most Miss

Feb 20

Cloudflare Q4 Earnings: Recession? Not Here

Feb 13

Why Cloudflare, Inc. (NYSE:NET) Could Be Worth Watching

Feb 08
Why Cloudflare, Inc. (NYSE:NET) Could Be Worth Watching

Cloudflare Q4 Earnings: Can The Share Price Be Justified?

Feb 07

Cloudflare: Uncertain 2023

Jan 25

Cloudflare, Inc. (NYSE:NET) Shares Could Be 22% Below Their Intrinsic Value Estimate

Jan 09
Cloudflare, Inc. (NYSE:NET) Shares Could Be 22% Below Their Intrinsic Value Estimate

Shareholder Returns

NETUS ITUS Market
7D0.06%-1.6%1.0%
1Y45.6%21.2%21.9%

Return vs Industry: NET exceeded the US IT industry which returned 21.2% over the past year.

Return vs Market: NET exceeded the US Market which returned 21.9% over the past year.

Price Volatility

Is NET's price volatile compared to industry and market?
NET volatility
NET Average Weekly Movement8.1%
IT Industry Average Movement8.1%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: NET has not had significant price volatility in the past 3 months.

Volatility Over Time: NET's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20093,682Matthew Princewww.cloudflare.com

Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, script management, security center, and rate limiting products. It offers website and application performance solutions, including content delivery, load balancing, DNS, agro smart routing, video stream delivery, web optimization, cache reserve, cloudfare waiting room, and cloudfare data localization suite; SASE platform through cloudfare one that provides a cloud-based network-as-a-service; network services which deliver network connectivity, security, and performance, including magic WAN, magic transit, magic firewall, cloudflare network interconnect, and spectrum.

Cloudflare, Inc. Fundamentals Summary

How do Cloudflare's earnings and revenue compare to its market cap?
NET fundamental statistics
Market capUS$29.48b
Earnings (TTM)-US$183.95m
Revenue (TTM)US$1.30b

22.7x

P/S Ratio

-160.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NET income statement (TTM)
RevenueUS$1.30b
Cost of RevenueUS$307.01m
Gross ProfitUS$989.74m
Other ExpensesUS$1.17b
Earnings-US$183.95m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 02, 2024

Earnings per share (EPS)-0.54
Gross Margin76.33%
Net Profit Margin-14.19%
Debt/Equity Ratio168.2%

How did NET perform over the long term?

See historical performance and comparison
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